Attorney Kristin Maloney invoiced Cady for $38,100 and has agreed to accept 2,500 shares of its $0.01
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Attorney Kristin Maloney invoiced Cady for $38,100 and has agreed to accept 2,500 shares of its $0.01 par-value common stock in full payment for this invoice. CadyCady issued the common stock to Attorney Maloney on JJanuary 29. Record the stock-issuance transaction for CadyCady. (Record debits first, then credits. Exclude explanations from any journal entries.) Question content area bottom Part 1 JanuaryJanuary 29: CadyCady Corporation issues 2 comma 5002,500 shares of its $0.01 par-value common stock to Attorney KristinKristin MaloneyMaloney. Journal Entry Date Accounts Debit Credit Jan 29.
Related Book For
Financial Accounting
ISBN: 978-0134725987
12th edition
Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.
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